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RLJ Lodging Trust Announces Upsizing and Pricing of Senior Secured Notes Offering

Deals & Cases
June 10, 2021
RLJ Lodging Trust Announces Upsizing and Pricing of Senior Secured Notes Offering Background Image
Deals & Cases
June 10, 2021

Vinson & Elkins advised the initial purchasers in connection with an offering of $500 million of 3.750% senior secured notes by RLJ Lodging Trust, L.P. The offering priced on June 10, 2021 and is expected to close on June 17, 2021.

RLJ Lodging Trust, L.P. is the operating partnership of RLJ Lodging Trust, a self-advised, publicly traded REIT that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels.

The V&E corporate team was led by partners Chris Green and David Stone, with senior associate Zach Swartz and associates Tyler Johnson and Austin Scieszinski. Also advising were partner Brett Santoli; and partner Chris Mangin and associate Maddie Brown.

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